Opportunity Awaits: Rehab Project with Great Potential

Opportunity Awaits: Rehab Project with Great Potential

Here is your chance to take on a rewarding project and bring this charming 2-bedroom, 2-bath manufactured home back to its former glory! Located in a desirable co-op park, this home is being offered “As-Is” and presents a unique opportunity for those with a vision for restoration.

Originally built in 1984, this Burlington Manufactured Home includes two additions— a family room and a sunroom—that have unfortunately experienced significant water infiltration. The property is ready for a renovation and reconfiguration, allowing you to customize it and bring your ideas to life. The home features a pitched roof and flatter-roofed additions, including a 12×12 sunroom, a 20×12 family room, and a screened porch.

Inside, the original living and dining areas boast a cozy wood-burning fireplace, creating a warm focal point in the space. The primary bedroom is generously sized with a private bathroom and a large walk-in closet, offering plenty of storage space. Although the home is in need of significant updates, the foundation is solid, and with the right vision and rehabilitation, it can be transformed into a beautiful home once again.

This home is set on a peaceful and somewhat private lot, surrounded by a large wooded area at the rear, offering the potential for a serene and secluded living experience. The co-op fee is $345 per month until the rehabilitation is completed and approved by the town. Once the rehabilitation is complete, the home will be eligible for re-sale or can be purchased by the current owner through the re-sale agreement, subject to approval for co-op membership.

Nestled in the NCV Co-op Park, this community shares 88 acres and offers a sense of privacy and connection with nature. The park has recently undergone major water system upgrades, including new underground water lines and an additional drilled well, rated at 17 gallons per minute. With two similarly-aged homes recently sold for $105K and $112K, and a 1994 home (with a detached garage) recently selling for $197K, the potential for equity growth is significant once this property is fully rehabilitated.

The last photo of the home, taken in the spring of 2008, shows the beautiful potential this home holds, highlighting what it could be once again with some care and attention. This is an exciting opportunity to breathe new life into this home, and with the right investment and effort, it could be a truly rewarding project.

Don’t miss out on this opportunity to own and rehab a home in a thriving, well-established community. Check out the attached documents for more information on the Re-Sale (for Re-hab) Agreement and the steps needed for approval. Come see the possibilities that await!

From Zillow

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